Crude oil futures prices have risen further as the global economy recovers from the effects of the new coronavirus, and international futures prices temporarily exceeded $ 85 a barrel for about seven years in the New York crude oil market on the 25th. Updated the first high price.
Crude oil prices have continued to rise recently, and the number of buy orders has gradually increased since the start of trading hours in Europe and the United States on the 25th, and the WTI futures price, which is an international indicator in the New York crude oil market, temporarily hits 1 barrel = It surpassed $ 85 and hit a record high for the first time in about seven years since October 2014.
The rise in crude oil prices is mainly due to the fact that demand has increased due to the resumption of global economic activity, but the production volume, which had once declined due to the corona disaster, has not recovered. I am concerned.
OPEC, led by Saudi Arabia, and oil-producing countries such as Russia are close to discussing future production, and the market is interested in whether to take additional production increases.
Market officials said, "Many investors predict that demand for crude oil will continue to grow. On the other hand, oil-producing countries such as OPEC are cautious about increasing production, and the upward trend in prices will continue for the time being. There are many. "